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LED Market Value

LED Market Value in 2021 is Projected to Increase to USD 16.531 Billion

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According to TrendForce latest report, the COVID-19 pandemic is expected to be eased in 2021. Automotive LED, video wall and lighting market demand is expected to recover, and demand for Mini LEDs will take off as well. In addition, horticultural lighting and UV LED market demand will consistently grow quickly. According to TrendForce, the LED …

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129th Canton Fair

The 129th Canton Fair will be held online between April 15 to 24

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The 129th China Import and Export Fair will be held online between April 15 and 24. Continuing to hold the 129th session online will consolidate the gains in the prevention and control of the COVID-19 epidemic, as well as social and economic development. The Fair will further play its role as a platform for all-round …

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SATURN LED DOWNLIGHT

Speedy Success! Saturn LED Downlight Sold 1 Million pcs in 4 Months

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The sales of our new product, Saturn LED downlight, reached the first million pcs this month! We are so glad that it can be favored by global clients and consumers with the patented design and ‘More bright, More soft’ advantage. Now, with IP44 surface protection, we believe it will win more people’s love with the …

Speedy Success! Saturn LED Downlight Sold 1 Million pcs in 4 Months Read More »

Saturn LED downlight

Check out Why People Snap up This New Downlight

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Saturn LED downlight with a novel but classic appearance design has been the top consumer choice since its launch. ▼ Not only is the design attractive, but many consumers reviewed that its performance is more stable, reliable, and safer than other downlights in harsh environments. ▼ With the ‘Saturn’ structure and higher standard production process, …

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China's exports.

China’s Soaring Exports Show Strong Demand a Year After Lockdown

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China’s exports surged in the first two months of the year, reflecting strong global demand for manufactured goods and with figures partly skewed by the low base in 2020 when the economy was in lockdown. Exports jumped 60.6% in dollar terms in the January-February period from a year earlier, data from the General Administration of …

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High and New Tech Enterprise

WELLMAX is Awarded with Shanghai’s ‘High & New Technology Enterprise’ Again

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Recently, WELLMAX is awarded the honor of ‘High and New Tech Enterprise (HNTE)’ again after the joint evaluation of Shanghai Municipal Science and Technology Commission, Shanghai Municipal Finance Bureau, and Shanghai Taxation Bureau. This certification is a recognition of WELLMAX innovation capability, core intellectual property rights and enterprise competitiveness in the industry. Innovation is inexhaustible …

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LED supply chain

Chinese LED Suppliers Work at Full Production Capacity after CNY

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LED supply chain in China has gradually restarted from the Chinese New Year holiday. WELLMAX team also resumed work last week and are doing our best to process your order. According to TrendForce’s latest investigations, the explosive growth in orders in 4Q20 caused tight production capacities in the LED industry after the holiday. This has …

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5-10% Price Hike for LED Chips

Shortage Caused by Explosive Growth in Mini LED Demand to Result in 5-10% Price Hike for LED Chips

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While major OEMs such as Apple and Samsung prepare to release their new notebook computers, tablets, and TVs that are fully equipped with Mini LED backlights this year, various companies in the LED supply chain began procuring Mini LED chips ahead of time in 4Q20, leading to an explosive demand growth for these chips, which …

Shortage Caused by Explosive Growth in Mini LED Demand to Result in 5-10% Price Hike for LED Chips Read More »